The national mortgage delinquency rate in April was 3.35%, mostly unchanged from March but up 4.17% from one year earlier, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Serious delinquencies declined seasonally in April for the second month in a...
Wells Fargo & Co. (NYSE: WFC) will begin writing mortgages for homes built with technology from Icon, the leading 3D residential construction company. Icon has previously worked with the lender’s philanthropic arm, the Wells Fargo Foundation, for the financing of...
Mortgage rates rose to their highest level since August, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.51% as of May 21, up from last week when it averaged 6.36%. A year ago at this...
Southern Land Company (SLC), the Nashville-headquartered real estate developer, has launched SLC Lending, an in-house mortgage division. SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home...
Mortgage application activity declined during the week ending May 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.3% on a seasonally adjusted basis from...
Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Mostly Negative Response to Trump Naming FHFA’s Pulte as National Int…
